OverviewSuggest Edit

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The company also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. It sells points-based vacation ownership products through Marriott Vacation Club points-based ownership programs focused in North America and the Asia Pacific; and weeks-based vacation ownership products.

In addition, it is involved in financing consumer purchases of vacation ownership products; and renting vacation ownership inventory. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations.

TypePublic
Founded1984
HQOrlando, FL, US
Websitemarriottvacationsworldwide.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2019)22,000(-4%)
Job Openings846
Revenue (FY, 2020)$2.9 B(-33%)
Share Price (Oct 2021)$155.6
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Marriott Vacations Worldwide Office Locations

Marriott Vacations Worldwide has offices in Orlando, Boston, Las Vegas, Newport and in 5 other locations
Orlando, FL, US (HQ)
6649 Westwood Blvd #500
Boston, MA, US
Boston, MA, USA
Las Vegas, NV, US
Las Vegas, NV, USA
New York, NY, US
New York, NY, USA
Newport, RI, US
Newport, RI, USA
Park City, UT, US
Park City, UT, USA
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Marriott Vacations Worldwide Financials and Metrics

Marriott Vacations Worldwide Revenue

Marriott Vacations Worldwide's revenue was reported to be $2.89 b in FY, 2020
USD

Revenue (FY, 2020)

2.9b

Net income (FY, 2020)

(256.0m)

Market capitalization (22-Oct-2021)

6.6b

Closing stock price (22-Oct-2021)

155.6

Cash (31-Dec-2020)

524.0m

EV

7.7b
Marriott Vacations Worldwide's current market capitalization is $6.6 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.6b1.6b1.8b1.7b1.8b1.8b2.0b3.0b4.4b2.9b

Revenue growth, %

(1%)5%(1%)

Cost of goods sold

1.6b

Gross profit

25.0m
Quarterly
USDQ1, 2012Q1, 2013Q1, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

372.0m389.0m425.0m487.5m497.6m487.0m570.8m594.7m750.0m1.1b1.1b1.1b1.0b53.0m98.0m

Cost of goods sold

23.0m27.0m

Gross profit

30.0m71.0m

Gross profit Margin, %

57%72%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

110.0m103.0m200.0m347.0m177.1m147.1m409.1m231.0m287.0m524.0m

Accounts Receivable

324.0m323.0m

Inventories

959.0m484.0m870.0m773.0m669.2m712.5m

PP&E

285.0m261.0m252.7m951.0m751.0m
Quarterly
USDQ1, 2012Q1, 2013Q1, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

77.0m119.0m106.6m101.8m85.2m440.1m323.8m547.7m441.0m222.0m179.0m183.0m651.0m566.0m660.0m

Accounts Receivable

63.0m67.6m236.0m277.0m327.0m372.0m

Inventories

932.0m454.0m

PP&E

282.0m256.0m222.5m202.4m249.3m253.7m251.3m246.9m952.0m848.0m837.0m770.0m833.0m835.0m809.0m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(178.0m)16.0m80.0m81.0m122.8m137.3m226.8m55.0m142.0m(256.0m)

Depreciation and Amortization

33.0m30.0m23.0m19.0m22.2m21.0m62.0m141.0m123.0m

Inventories

113.0m68.0m34.0m82.0m72.2m4.3m42.7m9.0m65.0m18.0m

Accounts Payable

48.0m21.0m(19.9m)50.8m26.0m17.0m(146.0m)
USDFY, 2011

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.5 x
Show all financial metrics

Marriott Vacations Worldwide Operating Metrics

Marriott Vacations Worldwide's Properties was reported to be 61 in Q1, 2018.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q1, 2018

Properties

585959616160606060606561

Visits

6.5 m5.6 m5.7 m
Show all operating metrics

Marriott Vacations Worldwide Acquisitions / Subsidiaries

Company NameDateDeal Size
ILGApril 30, 2018$4.7 b

Marriott Vacations Worldwide Revenue Breakdown

Embed Graph

Marriott Vacations Worldwide revenue breakdown by business segment: 90.0% from North America, 5.8% from Europe and 4.2% from Other

Marriott Vacations Worldwide Online and Social Media Presence

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Marriott Vacations Worldwide News and Updates

Marriott Vacations Worldwide Corporation to Present at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum

ORLANDO, Fla., Sept. 1, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today that Stephen P. Weisz, chief executive officer, and John Geller, president and chief financial officer, will host a fireside chat session at the J.P. Morgan Gaming, Lodging,...

Marriott Vacations Worldwide Announces Pricing of $500 Million of 4.500% Senior Notes

ORLANDO, Fla., June 7, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW," "we," "us" or "our") today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the "Issuer"), priced an offering of $500 million aggregate principal amount of...

Does The 3.5x Rise In Marriott Vacations Worldwide Stock Make Sense?

Marriott Vacations Worldwide Corp stock has seen a spectacular rise of over 3.5x from its March 2020 lows, and at the current price of $174 per share the stock still seems to have some upside. Marriott Vacations Worldwide Corp offers vacation ownership, exchange, rental, and resort and property...

Marriott Vacations Worldwide Announces Agreement to Acquire Welk Resorts For Approximately $430 Million

ORLANDO, Fla., Jan. 26, 2021 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) ("MVW" or the "Company") announced today that it has entered into a definitive agreement to acquire Welk Resorts ("Welk"), one of the largest independent timeshare companies in North America, for...

Stephen P. Weisz, CEO of Marriott Vacations Worldwide, Honored with Charles Andrews Memorial Hospitality Award for Community Leadership

ORLANDO, Fla., Jan. 15, 2021 /PRNewswire/ -- The Central Florida Hotel & Lodging Association (CFHLA) recently recognized Stephen P. Weisz, chief executive officer of Marriott Vacations Worldwide Corporation (NYSE: VAC), as the association's 2020 Charles Andrews Memorial Hospitality Award...

Marriott Vacations Worldwide Announces the Promotion of John E. Geller, Jr. to President

ORLANDO, Fla., Jan. 4, 2021 /PRNewswire/ -- Today, Marriott Vacations Worldwide Corporation (NYSE:VAC) is pleased to announce the promotion of John E. Geller, Jr. to the position of president of Marriott Vacations Worldwide, along with the continuation of his current role as chief...
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Marriott Vacations Worldwide Blogs

Anthony “Tony” Terry

Anthony “Tony” Terry Donna.Al-Beiro… Sat, 10/16/2021 - 09:27 Anthony “Tony” Terry Executive Vice President Chief Financial Officer Tony is Executive Vice President and Chief Financial Officer and serves on the executive committee of Marr…

Marriott Vacations Worldwide Adds to its Executive Leadership Team and Announces …

Mr. Terry will report to John E. Geller, Jr. who will remain President, Marriott Vacations Worldwide ORLANDO, Fla. – October 13, 2021 – Marriott Vacations Worldwide Corporation (NYSE: VAC) announces the promotion of Anthony “Tony” Terry to the position of Executive Vice President and Chief Financial…

Marriott Vacations Worldwide Adds to its Executive Leadership Team and Announces the Promotion of Anthony "Tony" Terry to the position of chief financial officer

Mr. Terry will report to John E. Geller, Jr. who will remain President, Marriott Vacations Worldwide ORLANDO, Fla. , Oct. 13, 2021 /PRNewswire/ --  Marriott Vacations Worldwide Corporation (NYSE: VAC) announces the promotion of Anthony "Tony" Terry to the position of executive vice president and

Marriott Vacations Worldwide Corporation Announces Third Quarter Earnings Release and Conference Call

Marriott Vacations Worldwide Corporation Announces Third Quarter Earnings Release and Conference Call Content Import Thu, 10/07/2021 - 08:32 Marriott Vacations Worldwide Corporation Announces Third Quarter Earnings Release and Conference Call Oct 7, 2021 This …

Marriott Vacations Worldwide Corporation Announces Third Quarter Earnings Releas …

ORLANDO, Fla. – October 7, 2021 – Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the third quarter 2021 before the market opens on November 8, 2021, followed by a conference call at 8:30 a.m. ET. Participants may access the call by dialing (877) 407-8289 or (2…

Marriott Vacations Worldwide Provides Updated Outlook for Third Quarter 2021

Marriott Vacations Worldwide Provides Updated Outlook for Third Quarter 2021 william.meady@… Mon, 09/13/2021 - 07:03 Marriott Vacations Worldwide Provides Updated Outlook for Third Quarter 2021 Sep 13, 2021 This release is a backfill from a News Wire …
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Marriott Vacations Worldwide Frequently Asked Questions

  • When was Marriott Vacations Worldwide founded?

    Marriott Vacations Worldwide was founded in 1984.

  • How many employees does Marriott Vacations Worldwide have?

    Marriott Vacations Worldwide has 22,000 employees.

  • What is Marriott Vacations Worldwide revenue?

    Latest Marriott Vacations Worldwide annual revenue is $2.9 b.

  • What is Marriott Vacations Worldwide revenue per employee?

    Latest Marriott Vacations Worldwide revenue per employee is $131.2 k.

  • Who are Marriott Vacations Worldwide competitors?

    Competitors of Marriott Vacations Worldwide include Diamond Resorts, The Leela Palaces and Sarovar Hotels.

  • Where is Marriott Vacations Worldwide headquarters?

    Marriott Vacations Worldwide headquarters is located at 6649 Westwood Blvd #500, Orlando.

  • Where are Marriott Vacations Worldwide offices?

    Marriott Vacations Worldwide has offices in Orlando, Boston, Las Vegas, Newport and in 5 other locations.

  • How many offices does Marriott Vacations Worldwide have?

    Marriott Vacations Worldwide has 9 offices.